18 Way Split (2 of 8) – 064-030.00

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    NA
  • State
    TN
  • County
    Hickman
  • City
    PRIMM SPRINGS
  • GPS
    35.8619555645795,-87.262304989961
  • Curent Zoning
    Residential
  • General Elevation
    775
  • Taxes
    $1408
  • Conveyance
    Warranty Deed
  • Sewer
    Septic
  • Parcel Size (in acres)
    100
  • Zip
    38476
  • Title Info
    ARLEN HARRIS
  • Access
    Paved Road
  • Terrain
    Hay Fields stretching out into the woods and hills
  • HOA Fees
    NA
  • Power
    At the street
  • Water
    Drill a well
  • Phone
    Cell

Transaction Details

Total Transaction Purchase Price (including closing costs): $401000(1/8th per listing)
Anticipated Sale Price: $1800000(1/8th per listing)
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 270 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50/50%
Anticipated Budget: $1,800,000-401,000=1,399,000, 1,399,000*.35=489,650 (if sold in 60 days on market) 1,399,000*.5=699,500 (if sold in more than 60 days on market)

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